Resources to Improve Your Capacity Planning Efforts
Data and analytics play an essential part in efficient capacity planning. Using the right automated tools is essential to produce optimal performance and minimize wasted resources.
You can’t perform great capacity planning without great performance data. And if you don’t have plenty of raw information at your disposal, you lack one of the most vital ingredients of a valuable IT department.
To further elaborate, you need a healthy mix of moment-to-moment figures and historical data records — when combined, all of this information allows your business to extrapolate trends and make predictions about future customer demands. But before you can start using data to protect your company from risk and maximize efficiency, you need to install something at the end of the line that can turn those raw figures into something communicable and actionable.
Let’s say that your data trends are nonlinear and hard to predict. This kind of scenario is bound to surface at some point because computer system performance is almost never linear. This means that simply analyzing historical trends can actually represent a setback, since you’ll need to understand more than just past performance to make accurate predictions about the future.
If you don’t have the right digital tools, you’ll have to hire highly-skilled professionals who can actually generate the predictive algorithms needed to move your business forward. But what if — instead of hiring an expensive group of specialists — you used an established set of effective tools to effectively plan capacity?
These automated yet sophisticated tools are indispensable in improving your capacity planning efforts. The better automated your tools, the fewer specialists you’ll need to interpret the data. In such a scenario, you just need someone to set up your systems and interpret basic results. In other words, the amount of people you need on hand — and the associated costs they present — depends on how good your tools are.
On a larger level, as a TeamQuest executive briefing explains, utilizing effective IT tools helps to reduce waste and minimize risk. Strong predictive analytics can pinpoint the amount of resources you need, and can also run through various hypothetical scenarios, such as a doubling or tripling of total transactions, or the introduction of new applications.
Not only do these tools help reduce costs and your level of risk, but they also leverage consistent performance and capacity to inform the best possible business decisions.
And not only can effective IT tools save you the cost of a specialist’s hourly rate — they can help you redesign your flow of business operations as well, further maximizing efficiency.
For example, capacity planning tools have made a huge impact on the supply chain design process. LLamasoft reports that tools that can model a company’s production footprint, as well as analyze and optimize their end-to-end supply chain operations, have consistently helped bring about improvements in cost, service, and risk mitigation.
If you’re not sure which tools to choose, TeamQuest's experts recommend software that utilizes either simulation modeling, which runs through hypothetical incoming workloads, or analytic modeling, which uses queuing theory formulas to generate more applicable and easier to implement solutions.
Moreover, TeamQuest’s IT Service Optimization solutions help your IT team ensure that new applications meet IT service requirements as soon as they’re launched. We’ll help you determine optimal system configurations and reduce costs by accurately predicting production performance. That way, you can focus on streamlining your business, and not waste capital on superfluous resources.